The company is headquartered in the beautiful city of Nantong, Jiangsu Province, the first modern city in China. The group was founded in 1986, formerly known as Nantong Refrigeration Equipment Factory, and has since gone through 3 name changes; in 2012, the parent company changed to Nantong Sifang Cold Chain Equipment Co., Ltd., and successfully listed on the main board of the Shanghai Stock Exchange in 2016. The company's main business is R&D, production and sales of food freezing equipment and tank containers. The company's main products are refrigeration equipment and tank containers, mainly quick-freezing equipment. Company honors include the third prize of the Jiangsu Science and Technology Award, the National Torch Program Project, the Jiangsu Provincial Science and Technology Achievement Transformation Special Fund Project, and the “Efficient and Clean Spiral Freezer” product independently developed and produced, which won the “Jiangsu Quality Product” certification.